Beijing-based AI company Z.ai reports 2025 revenue of ~$105M, below ~$109M est., and net loss up 60% YoY to ~$680M, vs. ~$545M est., amid aggressive spending (Bloomberg)

Bloomberg : Beijing-based AI company Z.ai reports 2025 revenue of ~$105M, below ~$109M est., and net loss up 60% YoY to ~$680M, vs. ~$545M est., amid aggressive spending —  Zhipu reported a much faster-than-expected 60% surge in net losses for 2025, underscoring how China's AI upstarts continue …

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